Classover Holdings, Inc. (NASDAQ:KIDZ) Short Interest Up 85.0% in May

Classover Holdings, Inc. (NASDAQ:KIDZ) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 305,635 shares, an increase of 85.0% from the May 14th total of 165,177 shares. Based on an average daily trading volume, of 22,263,034 shares, the short-interest ratio is currently 0.0 days. Approximately 3.9% of the company’s stock are sold short.

Classover Stock Up 6.5%

Shares of NASDAQ KIDZ traded up $0.11 during mid-day trading on Monday, reaching $1.83. The company had a trading volume of 115,010 shares, compared to its average volume of 603,990. The firm has a 50 day simple moving average of $10.61 and a two-hundred day simple moving average of $60.25. Classover has a 52-week low of $1.55 and a 52-week high of $2,325.00. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.40. The stock has a market cap of $1.45 million, a P/E ratio of -0.25 and a beta of -0.83.

Classover (NASDAQ:KIDZ) last announced its quarterly earnings results on Friday, May 15th. The company reported ($3,656,370.00) earnings per share for the quarter. The company had revenue of $0.52 million during the quarter. Classover had a negative net margin of 356.34% and a negative return on equity of 281.13%.

Institutional Investors Weigh In On Classover

An institutional investor recently bought a new position in Classover stock. Harraden Circle Investments LLC acquired a new stake in Classover Holdings, Inc. (NASDAQ:KIDZ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 241,621 shares of the company’s stock, valued at approximately $292,000. Harraden Circle Investments LLC owned 1.02% of Classover at the end of the most recent quarter. 74.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on KIDZ shares. Wall Street Zen downgraded Classover from a “hold” rating to a “strong sell” rating in a report on Saturday, April 11th. Weiss Ratings upgraded Classover from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Classover has an average rating of “Sell”.

Classover Company Profile

Classover is an online enrichment program in Manhattan, New York that offers over 20 courses taught by certified instructors. It caters to children aged 4 to 17, providing personalized attention and a supportive learning environment. Classover is recognized worldwide by over 20,000 parents and children in more than 34 countries. Classover’s proprietary course platform app provides exclusive benefits to students, including access to class schedules, remaining class credits, and class history. As an official test center for the Math Kangaroo Competition and other high-value competition channels, Classover is certified to provide high-quality teaching services to help students improve their academic performance.